Wealth managers · Private equity

Eltifs have a US parent: the Business Development Company

The European Parliament voted on Eltif 2.0 at its mid-February session in Strasbourg. Photo: European Union.

If there’s one thing clear from recent months, it’s that Luxembourg is placing a major bet on the future of Eltifs, or European Long Term Investment Funds. The EU’s adoption of a major upgrade of the Eltif regulation is opening the doors to private markets for high-net-worth investors and wealth management clients.

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